Events

Orange County bankruptcy

In 1994, Orange County California, home of Anaheim, Santa Fe, and the TV series "The OC", declared bankruptcy. The county's financial officer, Bob Citron, was found to have invested heavily in leveraged fixed income instruments, including some rather complex securities. With an increase in interest rates, the investments lost $1.6 billion.

In the year 2000, Worldcom was the second largest U.S. long distance telephone service provider and a leading supplier of Internet infrastructure worldwide. Its stock market value was $150 billion and its Chief Executive Officer (CEO) was on Forbes’ list of the 200 richest men in the country. Its assets exceeded $100 billion, its revenues were over $30 billion, it had 20 million retail customers and its corporate clientele included the U.S.

Ever wanted to work for one the best employers in Canada?

Join us for a roundtable discussion reviewing the history of gold in finance, its recent “bull run”, the performance of gold mining stocks, sources of supply and demand and an analysis of what the future might hold for the world’s most invested precious metal.

Other topics will include: